ProFunds Ultra Short Emerging Market Fund (UVPIX) belongs to the Inverse Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with UVPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UVPIX
UVPIX charges 1.78% annually. There are 6 mutual funds in the Inverse Equities category with lower expense ratios, going as low as 0.64%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO StocksPLUS Short Fund | 0.64% | — | Jul 2003 | UVPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 1.49% | — | Jan 1994 | UVPIX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1.55% | — | Sep 1998 | UVPIX vs RYAIX | |
| Grizzly Short Fund | 1.61% | — | Jun 2000 | UVPIX vs GRZZX | |
| ProFunds Bear Fund | 1.64% | — | Dec 1997 | UVPIX vs BRPIX |
Best Risk-Adjusted Alternatives to UVPIX
UVPIX has a PortfoliosLab risk / return rank of 1. There are 6 mutual funds in the Inverse Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 94 | — | Oct 1985 | UVPIX vs DRCVX | |
| ProFunds UltraShort China | 7 | — | Feb 2008 | UVPIX vs UHPIX | |
| Grizzly Short Fund | 2 | — | Jun 2000 | UVPIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | 1 | — | Jul 2003 | UVPIX vs PSTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1 | — | Sep 1998 | UVPIX vs RYAIX |
Top Performing UVPIX Alternatives (YTD)
UVPIX is at -12.87% YTD. There are 10 mutual funds in the Inverse Equities category with higher YTD returns, going as high as 25.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraShort China | 25.12% | — | Feb 2008 | UVPIX vs UHPIX | |
| Comstock Capital Value Fund | 3.17% | — | Oct 1985 | UVPIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -5.26% | — | Jul 2003 | UVPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -6.06% | — | Jan 1994 | UVPIX vs RYURX | |
| Federated Hermes Prudent Bear Fd | -6.07% | — | Dec 1995 | UVPIX vs BEARX |
Lowest Volatility Alternatives to UVPIX
UVPIX has 44.43% 1-year volatility. There are 23 mutual funds in the Inverse Equities category with lower 1-year volatility, going as low as 2.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 2.81% | — | Oct 1985 | UVPIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | 12.47% | — | Jul 2003 | UVPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 12.78% | — | Jan 1994 | UVPIX vs RYURX | |
| Federated Hermes Prudent Bear Fd | 12.86% | — | Dec 1995 | UVPIX vs BEARX | |
| ProFunds Bear Fund | 12.90% | — | Dec 1997 | UVPIX vs BRPIX |
Lowest Drawdown Alternatives to UVPIX
UVPIX has a 1-year max drawdown of -42.28%. There are 18 mutual funds in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -0.89%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | -0.89% | — | Oct 1985 | UVPIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -15.05% | — | Jul 2003 | UVPIX vs PSTIX | |
| Grizzly Short Fund | -16.03% | — | Jun 2000 | UVPIX vs GRZZX | |
| Rydex Inverse S&P 500 Strategy Fund | -16.08% | — | Jan 1994 | UVPIX vs RYURX | |
| ProFunds Bear Fund | -16.15% | — | Dec 1997 | UVPIX vs BRPIX |
Other Mutual Funds from ProFunds
The 10 most viewed ProFunds mutual funds shown here include SMPIX, BTCFX, UOPIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund Investor C... | Leveraged Equities, Semiconductors, Technology Equities | 46 | 39.91% | — | Jun 2000 | UVPIX vs SMPIX | |
| Bitcoin ProFund Investor Class | Cryptocurrency | 0 | -27.35% | — | Jul 2021 | UVPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 28 | 17.10% | — | Nov 1997 | UVPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 40 | 14.19% | — | Nov 1997 | UVPIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | Leveraged Equities | 40 | 29.95% | — | Jun 2000 | UVPIX vs TEPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 26 | -20.67% | — | Jun 2002 | UVPIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 94 | 33.52% | — | Jun 2000 | UVPIX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 63 | 48.84% | — | Jun 2000 | UVPIX vs ENPIX | |
| ProFunds UltraJapan Fund | Leveraged Equities | 88 | 51.04% | — | Feb 2000 | UVPIX vs UJPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 31 | 10.39% | — | Aug 2000 | UVPIX vs OTPIX |
Often Compared With UVPIX
Investors most often compare UVPIX with UXPIX, RYCZX, SOPIX. These 18 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare UVPIX with Any Fund or Stock
Compare UVPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UVPIX with funds that move differently
ProFunds Ultra Short Emerging Market Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UVPIX.
Explore UVPIX Diversifiers